Cracks in European unity widens as Russia sanctions bite back

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Cracks in European unity widens as Russia sanctions bite back
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Poland and the Baltic states have been lobbying for more far-reaching sanctions, while states like Germany have been more hesitant to agree

An oil tanker is moored at the Sheskharis complex, part of Chernomortransneft JSC, a subsidiary of Transneft PJSC, in Novorossiysk, Russia, Tuesday, Oct. 11, 2022, one of the largest facilities for oil and petroleum products in southern Russia.

Some, such as Belgium and Greece, as well as Hungary - which still relies heavily on Russian energy imports - pushed back against further sweeping measures, EU diplomats told Reuters. Sanctions have already been imposed on a range of companies and Russian individuals, while overflights by Russian planes have been banned and business with several Russian banks barred.After this week's talks, Lithuanian Foreign Minister Gabrielius Landsbergis described the latest sanctions deal as a "missed opportunity", saying he was disappointed that EU states spent more time discussing exemptions than tougher steps.

Poland and the Baltic states, closer to the frontline, circulated a proposal in recent weeks for more far-reaching sanctions, including on Russian gas and its nuclear industry, and arguing against exemptions, such as on sales of Russian steel and diamonds.Some in that group want Gazprombank, central for energy payments to Russia, to be targeted, said one person familiar with the matter. The person said many countries were reluctant but added these issues would be discussed in 2023.

Russia says the sanctions have boomeranged against the West, driving inflation as energy prices rocket. However, Moscow says its own economy is resilient.Meanwhile, existing EU measures are not always watertight. For example, the EU imposed a price cap on seaborne Russian oil deliveries, but its crude is selling below that level, so revenues still flow to Moscow.

During this week’s talks, European diplomats and officials told Reuters the bloc was nearing its limits.

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